n property since
he became Comptroller, covering the sum of $2,300,691.
PETER B. SWEENY is the "modest man" of the Ring, and is popularly
believed to carry the brains of that body in his head. He is regarded by
the public as the real leader of the Ring, and the originator of, and
prime, though secret mover in all its acts.
[Picture: PETER B. SWEENY.]
Mr. Sweeny is of Irish parentage, though born in New York. His father
kept a drinking saloon in Park Row, near the old Park Theatre, and it was
in this choice retreat that the youth of Sweeny was passed. He began his
career as an errand boy in a law office. He subsequently studied law,
and, in due time, was admitted to the bar.
A writer in _Every Saturday_ thus sums up his career: "He never obtained,
and perhaps never sought, much business in his profession; but very soon
after reaching manhood turned his attention to politics. The first
office he held was that of Counsel to the Corporation, to which position
he was elected by a handsome majority. This station did not so much
require in its occupant legal skill and legal ability, as an apt faculty
for political manipulation; and in the work he had to do, Mr. Sweeny was
eminently successful. From the Corporation office he went into the
District Attorneyship, obtained leave of absence for some time, treated
himself to a term of European travel, came home, and resigned the post to
which he had been chosen, and soon became City Chamberlain by the Mayor's
appointment.
"It was in this office that he did what gave him a national standing, and
led many people into the notion that some good had come from the Tammany
Nazareth. The Chamberlain was custodian, under the old charter, of all
city moneys. Such portions of these funds as were not required for
immediate use, this official deposited in some of the banks, and the
banks allowed interest, as is customary, on the weekly or monthly balance
to his credit. Previous to Sweeny's time the Chamberlain had put this
interest money into his own pocket--and a very handsome thing Mr. Devlin
and his predecessors made out of the transaction. But Sweeny startled
the political world, and caused a great sensation, by announcing that he
should turn these interest receipts into the City Treasury. Tammany made
a notable parade of his honesty and public spirit, and the capital he
gained in this way has been his chief stock-in-trade for the last two or
thre
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